VP, Strategic Sourcing & Procurement

 

About Apogee Therapeutics Founded in 2022, Apogee Therapeutics, Inc. (Ticker: APGE) is a well-funded, Nasdaq listed company that offers the opportunity to work in a fast-paced, highly dynamic environment. At Apogee, you can actively contribute to shaping the company culture, take on various roles and responsibilities, and grow professionally. Apogee Therapeutics, Inc. is a biotechnology company seeking to develop differentiated biologics for the treatment of atopic dermatitis, chronic obstructive pulmonary disease and other inflammatory and immunology indications with high unmet need. Our antibody programs are designed to potentially overcome limitations of existing therapies by targeting well-established mechanisms of action and incorporating advanced antibody engineering to optimize half-life and other properties. We seek to reshape the current standard of care for inflammatory and immune diseases because we believe people living with these diseases deserve the best possible treatment, and we refuse to stop at “good enough.” We are a fast-paced company committed to building an exceptional company culture, founded on our C.O.R.E. values: Caring, Original, Resilient and Egoless.  If this sounds like you, keep reading!

 

Role Summary

In this newly created position, you will lead Apogee’s strategic sourcing and procurement efforts as we continue to grow into a later stage clinical development and potentially commercial biotechnology company. Reporting to the SVP of Finance, you will have the opportunity to establish this critical function and build it as the company grows. A key component of this role is to build and manage long-term, mutually beneficial vendor relationships that drive value and support the company's mission to improve treatment options for patients living with I&I conditions. Additionally, you will act as a strategic partner with functional business partners across the company, in particular clinical development, clinical operations and manufacturing to work on supplier selection, and developing and negotiating contracts and enforcing terms.

Key Responsibilities:

• Develop a sourcing strategy, landscape analysis, engage with potential vendors, and support business stakeholders to select the most suitable partners
• Identify, evaluate and select partners that are qualified to meet Apogee’s needs in terms of cost, quality, delivery, and innovation
• Develop and implement procurement strategies, including aligning procurement activities with the overall business goals and objectives
• Manage the RFPs/RFQs/RFIs process, review materials in partnership with business stakeholders and legal
• Develop criteria for and manage Apogee’s preferred vendor list
• Conduct spend analysis across functional areas to gain a comprehensive understanding of spending patterns, supplier performance, and potential cost-saving opportunities
• Build and maintain strong relationships with key suppliers, fostering collaboration and ensuring quality and reliability, manage performance and taking corrective action when necessary
• Negotiate contracts to secure favorable terms and conditions for the company in partnership with functional business partners and legal
• Oversee procurement operations, ensure efficiency, cost-effectiveness, and compliance with company policies and regulations and ensure that all procurement activities are conducted efficiently and effectively, from requisition to payment
• Monitor and analyze procurement performance, track key performance indicators (KPIs) to identify areas for improvement and drive continuous improvement
• Ensure that all procurement activities are conducted within functional budget constraints
• Ensure compliance with all relevant laws, regulations, and company policies
• Stay informed about the latest trends and technologies in the strategic sourcing and procurement industry and share knowledge across the company

 Ideal candidate  

• Minimum of 18 years of relevant experience; minimum of 5 years leading a strategic sourcing and procurement function in the pharmaceutical/biotech industry
• Bachelor's degree required, advanced degree preferred
• Experience leading and building strategic sourcing and procurement capabilities in a high growth clinical development environment
• Solid understanding of the overall drug development process with an emphasis on clinical trials, CRO vendor management, clinical supply chain and commercial manufacturing
• Ability to lead cross functional teams and develop strong partnerships internally and externally
• Extensive experience negotiating complex agreements across all functions
• Can manage multiple programs/projects, soun